Abstract Rapid technological change is often touted as a fundamental reality of capitalist societies. It is also presented as concrete evidence for the supposed progressive improvement of material well-being that characterises the capitalist system of social order. Since its emergence in the mid-20th century, semiconductor technology in many ways exemplifies this view. Yet the rapid […]
Continue ReadingNo Shortage of Profit: Semiconductor firms and the differential effects of chip shortages
Chris Mouré Note: this is the manuscript version of an article now featured in The Mint Magazine. Few will argue with the claim that shortages are socially harmful. Shortages, by definition, imply a lack of something – not enough stuff to go around. A shortage of food implies hunger; a shortage of electricity implies darkness. […]
Continue ReadingMouré, ‘No Shortage of Profit: Technological Change, Chip ‘Shortages’, and Capital Accumulation in the Semiconductor Business’
Abstract Rapid technological change is often touted as a fundamental reality of capitalist societies. It is also often presented as concrete evidence for the supposed progressive improvement of material well-being that characterises the capitalist system of social order. Since its emergence in the mid-20th century, semiconductor technology in many ways exemplifies this reality. Yet the […]
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